Tag Archives for devaluation.
The Coronavirus Aid Relief and Economic Security Act of 2020 (CARES Act), which contained a nearly $60 billion bailout of the U.S. airline industry, has a curious affect on the value you will get for your airline miles and points.
United Airlines MileagePlus no longer has anything to do with miles at all. You no longer earn points based on distance flown. You no longer earn status based on distance flown. Award costs aren’t based on distance either.
With elite status now based on money spent they’ve put an end to “miles” completely. They’ve been trying to do this for over 30 years.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
